Took 8 weeks; purchase price $55k; rehab $29k; closing/holding costs $3k. Total $87k.

Rent $1335.

taxes/insurance $275; loan repayment $375 (private loan at 6% interest only); loan was for $75k.

20% for maintenace,...

Right now, since I'm very new in this process, I'm primarily focusing on education. However, soon I will be incorporating applicable steps towards my real estate goals by networking and building relationships with peo...

Just seeing if there is anyone that has had success with this hard money lender. He is a featured hard money lender on the site. But didn't see any reviews. Thanks so much! 

Hi BP community,I have a confession... I am considering investing in a 'D" area! The other day I was helping someone from my church who's mission group purchased an 8 plex in a "D" area of the Chicago suburbs. They ar...

Hello BP!

I am a first-time out of state turnkey investor currently in talks over this South-side Chicago 2 flat in the Hyde Park township (60637 zip code).

Could anyone who actively invests in the are ...

Hi All! Looking for some advice on whether I should let tenant out of lease early. I got an email from my property manager today which has a couple emails between her and the tenant I have on the first floor. This ten...

Hi all-I was reading one of the blog posts on the Short Term Shop blog about Schedule E vs C, passive vs non-passive. In the blog, they reference, "According to Treasury regulations, vacation rental owners who rent th...

Investment Info:

Large multi-family (5+ units) commercial investment investment.

Purchase price: $2,875,000

Contributors:
Jonathan New

Syndication investment, Limited Partner
28 Unit por...

I'm starting this thread to share info on the short term, immediate effects of the coronavirus pandemic as it pertains to the active management of note portfolios. We can save medium and long term implications in a se...

I recently purchased a duplex in Atlanta, GA in Fulton County. One side is occupied and I'm currently rehabbing the other side. We are repairing rotting, moldy floor joists, a condition that extends through the floors...